Malibu Boats Inc Class A
MBUU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| pT | LOCK|sC | LOCK|D^@W@r |
Malibu Earnings: Weak Tow Boat Demand Weighs on Sales and Profits, Likely to Remain a Headwind
On a legacy basis, net sales at Malibu rose 3.6% to $202 million, aided by higher unit shipments at Cobalt (up 14%) and saltwater fishing (8%) segments, while Malibu struggled (down 6%). Including Saxdor, sales rose 30%, but adjusted EBITDA climbed just 22% as investments weighed on profit.
